Melrose Avenue - NW2 4JY
Key Postcode Insights
NW2 4JY is a residential postcode situated on Melrose Avenue, London, NW2 with 56 addresses.
It ranks as the 1127th largest and 418th most expensive of the 1,217 postcodes in the NW2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 56 properties: 13 houses and 43 flats.
- Ave. Sale Price
- £520,985
- 10 Year change
- down 4.0%
- Ave. Rental Price
- £2,510pcm
- 10 Year change
- up 37.9%
- Ave. £ per ft²
- £628/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
NW2 4JY is a residential postcode situated on Melrose Avenue, London, NW2 with 56 addresses.
It ranks as the 1127th largest and 418th most expensive of the 1,217 postcodes in the NW2 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 56 properties: 13 houses and 43 flats.
- Ave. Sale Price
- £520,985
- 10 Year change
- down 4.0%
- Ave. Rental Price
- £2,510pcm
- 10 Year change
- up 37.9%
- Ave. £ per ft²
- £628/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin NW2 4JY
- 154 Melrose Avenue
5 Bed Period House
- 156 Melrose Avenue
5 Bed Period House
- 158 Melrose Avenue
Building  |  2 Flats
- 160 Melrose Avenue
5 Bed Period House
- 162 Melrose Avenue
Unknown
Sales Market Trends
The last sale in NW2 4JY sold for £390,000 on 26th March 2025. Since then prices are down an average of 3.1%.
The current average value in the postcode is £520,985.
The NW2 4JY Sales Market has decreased by 4.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £520,985 |
| June 2025 | 0.3% | £537,970 |
| June 2024 | -1% | £536,336 |
| June 2023 | -1.1% | £541,882 |
| June 2022 | 2.8% | £548,054 |
| June 2021 | -0.4% | £533,241 |
| June 2020 | 1.8% | £535,414 |
| June 2019 | -1% | £525,936 |
| June 2018 | -1.6% | £531,247 |
| June 2017 | -0.5% | £539,916 |
| June 2016 | 8.4% | £542,829 |
| June 2015 | 3.1% | £500,682 |
| June 2014 | 19.7% | £485,773 |
| June 2013 | 10.5% | £405,847 |
| June 2012 | 5% | £367,307 |
| June 2011 | 3% | £349,660 |
| June 2010 | 10.4% | £339,370 |
| June 2009 | -10.1% | £307,497 |
| June 2008 | 6.3% | £342,010 |
| June 2007 | 0% | £321,615 |
Rental Market Trends
The current average rental value in the postcode is £2,510.
The NW2 4JY Rental Market has increased by 37.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.9% | £2,510pcm |
| June 2025 | -0.3% | £2,370pcm |
| June 2024 | 3.9% | £2,377pcm |
| June 2023 | 17.7% | £2,288pcm |
| June 2022 | 13% | £1,945pcm |
| June 2021 | -4.2% | £1,720pcm |
| June 2020 | -1% | £1,795pcm |
| June 2019 | 1.7% | £1,813pcm |
| June 2018 | 0.4% | £1,782pcm |
| June 2017 | -2.5% | £1,775pcm |
| June 2016 | 1.4% | £1,821pcm |
| June 2015 | 4.3% | £1,795pcm |
| June 2014 | 3.3% | £1,721pcm |
| June 2013 | -2% | £1,665pcm |
| June 2012 | 8% | £1,700pcm |
| June 2011 | 6.2% | £1,575pcm |
| June 2010 | 9.2% | £1,483pcm |
| June 2009 | -7.6% | £1,357pcm |
| June 2008 | 7.5% | £1,469pcm |
| June 2007 | 0% | £1,366pcm |
Sales History
The last sale was on 26th March 2025 for £390,000 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 31 sales since 1995.
NW2 4JY has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£390,000 | 2 Bed Flat194B , Melrose Avenue, London, NW2 4JY194B , Melrose Avenue, London, NW2 4JY
- Sold Mar 2025£660,000 | 3 Bed Flat180A, Melrose Avenue, London, NW2 4JY180A, Melrose Avenue, London, NW2 4JY
- Sold Oct 2024£835,000 | 5 Bed House202, Melrose Avenue, London, NW2 4JY202, Melrose Avenue, London, NW2 4JY
- Sold Sep 2024£501,500 | 3 Bed Flat188B , Melrose Avenue, London, NW2 4JY188B , Melrose Avenue, London, NW2 4JY
- Sold Jun 2022£450,000 | 3 Bed Flat188B , Melrose Avenue, London, NW2 4JY188B , Melrose Avenue, London, NW2 4JY
Nearby Postcodes
NW2 4JY is the 1127th largest and the 418th most expensive postcode out of the 1,217 postcodes in the NW2 area.
- NW2 4AF, Imperial Close, London, NW2NW2 4AF5 Addresses|44 m away
- NW2 4NA, Melrose Avenue, London, NW2NW2 4NA71 Addresses|53 m away
- NW2 4AU, Anson Road, London, NW2NW2 4AU10 Addresses|83 m away
- NW2 4AT, Tracey Avenue, London, NW2NW2 4AT10 Addresses|91 m away
- NW2 4PR, Gay Close, London, NW2NW2 4PR24 Addresses|106 m away
Property Types
- 10 period houses built between 1800 and 1911
- 43 period flats built between 1800 and 1911
- 3 other addresses of unknown type
- period house (10)
- period flat (43)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 40 properties.
- The most common rating is D.
- A (0)
- E (9)
- B (0)
- F (0)
- C (6)
- G (0)
- D (25)
- No EPC (16)
Top 3 Most Expensive Sales
- Sold Feb 2018£3,250,000 | 2 Bed Flat149, Melrose Avenue, London, NW2 4NA149, Melrose Avenue, London, NW2 4NA
- Sold Feb 2018£3,250,000 | 4 Bed Flat29B , Melrose Avenue, London, NW2 4LH29B , Melrose Avenue, London, NW2 4LH
- Sold Aug 2019£1,610,000 | 6 Bed House95, Melrose Avenue, London, NW2 4LR95, Melrose Avenue, London, NW2 4LR
Schools Nearby
- Gladstone Park Primary School300 m away
- Mora Primary School600 m away
- Anson Primary School600 m away
- Menorah High School for Girls1.2 km away
- E-ACT Crest Academy1.4 km away
- North Brent School1.5 km away
More reading links
Public Transport Nearby
The closest station to NW2 4JY is Willesden Green station, which is 700 metres away.
- Willesden Green|700 m away
- Dollis Hill|800 m away
- Cricklewood|1.2 km away
- Neasden|1.5 km away
